... Requirements 3.1 ERM for solvency purposes is the coordination of risk management, strategic planning, capital adequacy and financial efficiency in order to enhance the soundness of the authorized insurer’s operation and ensure adequate protection of policy holders. An authorized insurer should establish an...

... Requirements 3.1 ERM for solvency purposes is the coordination of risk management, strategic planning, capital adequacy and financial efficiency in order to enhance the soundness of the authorized insurer’s operation and ensure adequate protection of policy holders. An authorized insurer should establish an...

..., capital adequacy and financial efficiency in order to enhance sound operation of the authorized insurer and ensure adequate protection of policy holders. An authorized insurer should establish an integrated set of processes and activities within its risk management system for the effective implementation...

... May 2007, 27 Jul. 2007, 10 Dec. 2015) Other information: Joined Al-Qaida in 1996 and was at that time an important liaison to the Taliban in Afghanistan. Received money from Ansar al-Islam (QDe.098) in order to conduct attacks in Kirkuk and Ninveh in Iraq during spring and summer of 2005. Al-Qaida...

... May 2007, 27 Jul. 2007, 10 Dec. 2015) Other information: Joined Al-Qaida in 1996 and was at that time an important liaison to the Taliban in Afghanistan. Received money from Ansar al-Islam (QDe.098) in order to conduct attacks in Kirkuk and Ninveh in Iraq during spring and summer of 2005. Al-Qaida...

... underwritten. Through such arrangements, the exposures of the insurer’s business portfolio to huge losses owing to individual large risks and accumulations of losses could be reduced. The insurer should clearly understand its underwritten risks in order to look for suitable reinsurance products and determine...

... underwritten. Through such arrangements, the exposures of the insurer’s business portfolio to huge losses owing to individual large risks and accumulations of losses could be reduced. The insurer should clearly understand its underwritten risks in order to look for suitable reinsurance products and determine...

... ..... [Answer may be found in 2.2.2(b)] Type ‘B’ Questions 3 Which of the following are ways in which an agency relationship may arise? (i) By order of the Chief Executive; (ii) By agreement; (iii) By court order; (iv) By ratification. (a) (i) and (ii) only; ..... (b) (i), (ii) and (iii) only; ..... (c) (iii...

... are ways in which an agency relationship may arise? (i) By order of the Chief Executive; (ii) By agreement; (iii) By court order; (iv) By ratification. (a) (i) and (ii) only; ..... (b) (i), (ii) and (iii) only; ..... (c) (iii) and (iv) only; ..... (d) (ii) and (iv) only. ..... [Answer may be found in...

... terms or returns on investment, dividend or bonus shown on benefit illustrations, etc. Claims – refers to complaints in relation to insurance claims. The IA cannot adjudicate insurance claims or order payment of compensation. It can, however, handle complaints related to the process by which claims are...